The greatest advantage is that you do not have to renew your residency every years, instead only once in ten years!

The process for obtaining the permanent residence permit is as follows:

• The investor must obtain the non-immigrant visa (B category Visa), which entitles him/her to enter the country.
• After entering the country, the Investor must invest 10 Million THB (at the beginning it was 3 Million THB) in the country in order to obtain 1 year residence permit and the right to reside in the country.
• The 10 Million THB investment entitles the investor to extend his/her stay in Thailand for 1 year more
• The investment must be kept at least 3 years

Type of Investments:

• 10 Million THB investment in government bonds
• 10 Million THB deposit in one of the Thai Banks and mandatory rule is that the 50% holder of the Thai bank must be a Thai national
• Investment in rental or purchase condominium for at least 3 years. The purchase and rental price must not be less than 10 Million THB

Thai permanent residency has a lot of advantages such as: unrestricted right to live, study and work in Thailand. The permanent residency does not expire and it can be renewed in every ten years. In case if the investor wants to travel internationally, he/she must apply for re-entry permit before leaving the country. With the permanent residence permit, the investor can become a director of the public company, which will be registered in Thailand. The permanent residence permit is the way to Thai passport. The investor is entitled to apply for the Thai citizenship, if he/she resides in the country for ten year period. The Thai immigration process is regulated by 3 primary legal acts: Alien Working Act, the Nationality Act and the Immigration Act. The process of obtaining permanent residence permit is not an easy thing and needs some time depending on the type of investment. Once an investor obtains a permanent residence permit, he/she will receive a residence blue book. Afterwards investor must register his/her place of residence and obtain a house card. After one weak, when investor receives his/her residence certificate, he/she can apply for the alien book (the red book) in police station. This alien book is similar to national ID card.